2023 TND to NIO Historical Review

YEARLY HIGH

12.0958 NIO

YEARLY LOW

11.4680 NIO

YEARLY AVERAGE

11.7804 NIO

2023 TND to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 12.0958. Conversely, the yearly low was recorded on October 7, dropping to 11.4680.

This high-to-low spread represents a total annual volatility of 0.6277 NIO. From a start-to-finish perspective, comparing the January average rate of 11.8027 to the December average rate of 11.8334, the exchange rate registered a net change of 0.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.0958 was down 4.61% compared to the 2022 peak of 12.6809, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TND based on timing:

Yearly Peak High 60,479 NIO

2022 Average 58,274 NIO

Yearly Trough Low 57,340 NIO

Transaction Impact: A difference of 3,138.54 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.9681

11.4902

JanuMarcMayJulySeptNove

TND to NIO Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 11.8171, compared to 11.7436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0735 points.

H1 Avg (Jan–Jun) 11.8171

H2 Avg (Jul–Dec) 11.7436

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.5172 NIO (High: 12.0958 / Low: 11.5786). On the other end, October was the most stable month, with a tight range of 0.1434 NIO (High: 11.6114 / Low: 11.4680).

February Spread (Volatile) ±0.5172

October Spread (Stable) ±0.1434

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1780 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1780

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 11.7432) against the same month in 2022 (average: 12.3181), the exchange rate shifted by -0.5749 (-4.67%).

2023 Avg (February) 11.7432

2022 Avg (February) 12.3181

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.9802	11.6341	11.8027
February	12.0958	11.5786	11.7432
March	12.0099	11.5261	11.6948
April	12.0693	11.6550	11.9283
May	12.0677	11.7856	11.9170
June	11.8946	11.7307	11.8168
July	12.0707	11.7751	11.9132
August	11.9296	11.7453	11.8357
September	11.8449	11.5130	11.6577
October	11.6114	11.4680	11.5300
November	11.8634	11.4735	11.6919
December	11.9977	11.6950	11.8334